Posted in Banks Common Dreams Environment While we were looking elsewhere

From the while we were looking elsewhere department: New report takes aim at five banking institutions backing Amazon Rainforest exploitation

while we were looking elsewhere… Five of the world’s most powerful financial institutions are actively contributing to climate change by providing debt and equity financing for crude oil extraction projects in the Amazon.   by Eoin…

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Posted in Analysis Banks Columns Community organizing Credit economic justice Housing Policy Neighborhoods Rathke: Chief Organizer Report

The Billionaire and Right-Wing’s racist lies about Redlining

New Orleans    With the Office of the Comptroller of the Currency leading the way to gut the Community Reinvestment Act along with some other federal regulators, the last thing we should be doing is having to…

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Posted in Banks Credit economic justice Income Equality Opinion OtherWords

How credit cards make us more unequal

Credit card companies fleece retailers to give high-end spenders cash back — a system the rest of us end up subsidizing. By Sam Pizzigati | February 10, 2020 What happens when we use our credit cards?…

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Signing of CRA in 1977
Posted in Banks Columns Community organizing economic justice Economy Housing Policy National Off the wire Politics Rathke: Chief Organizer Report Social Justice

City National Bank Shows Why Some CRA Proposals are Wrong

New Orleans      There’s a big split within the federal banking establishment about what to do about revisions to the 1977 Community Reinvestment Act.  This is not your run of the mill, chest thumping, and elbow…

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Posted in Banks Columns Community organizing Economy Income Equality Rathke: Chief Organizer Report Social Justice

Debt means “Can’t Win for Losing”

Ponce       Arkansas Community Organizations, one of KABF and ACORN’s partners on many projects, especially those involving financial security for low-and-moderate income families, recently released a report about major debt that is oppressing these families.  The…

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